New York’s Subway Expansion: A Disaster Only Government Could Create | Foundation for Economic Education

Capitalists realized that they would have to charge passengers so much to cover this feat of engineering that the subway wasn’t feasible—and indeed, to this day, taxpayers heavily subsidize New York City’s transit. So when statists insist that only government can build and run subways… they’re right.

Source: New York’s Subway Expansion: A Disaster Only Government Could Create | Foundation for Economic Education

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.